Best Basic Materials Dividend Stocks to Maximize Your Returns - 2024
The Basic Materials sector is a cornerstone of the global economy, providing the essential raw materials that fuel construction, manufacturing, and industrial processes. For dividend investors, companies in this industry offer a unique combination of stability and growth, driven by consistent demand for resources like metals, chemicals, and construction materials. Basic Materials dividend stocks not only provide a steady stream of income but also offer exposure to cyclical growth, as these companies often benefit from rising commodity prices and infrastructure development. We'll explore a list of top Basic Materials dividend stocks that can help enhance your portfolio with both income and long-term value.
| Stock | Dividend Yield | Pay-out Ratio | P/E Ratio | P/B Ratio | ROE | 5y Dividend Growth | 10y Dividend Growth |
|---|---|---|---|---|---|---|---|
| Rio Tinto | 6.56% | 60.81% | 8.60% | 1.80% | 0.21% | -7.33% | 7.77% |
| SunCoke Energy | 5.07% | 39.21% | 8.07% | 1.14% | 0.15% | 48.96% | 0.00% |
| BHP | 5.07% | 65.83% | 5.42% | 1.36% | 0.25% | -9.08% | 1.90% |
| Vale | 8.79% | 65.78% | 6.53% | 1.19% | 0.17% | 31.07% | 6.31% |
| Procter & Gamble | 2.39% | 62.14% | 25.61% | 7.75% | 0.30% | 6.03% | 4.57% |
| Sherwin-Williams | 0.86% | 26.98% | 31.87% | 3.62% | 0.31% | -8.75% | 2.66% |
| Waste Management | 1.34% | 44.06% | 32.84% | 431.51% | 0.48% | 7.91% | 7.18% |
| Southern Copper | 2.23% | 55.09% | 20.74% | 7.64% | 0.40% | 5.48% | 16.33% |
| Freeport-McMoRan | 1.63% | 45.79% | 28.23% | 3.03% | 0.11% | 24.57% | 0.00% |
| 3M | 1.94% | 47.50% | 19.03% | 20.40% | 0.96% | -10.21% | -0.17% |
| Ecolab | 0.94% | 31.45% | 33.86% | 8.17% | 0.25% | 4.99% | 7.41% |
| Republic Services | 0.97% | 33.63% | 35.17% | 6.30% | 0.18% | 1.13% | 4.33% |
| Nucor | 1.67% | 25.75% | 15.04% | 1.50% | 0.10% | 6.25% | 3.88% |
| Dow | 7.73% | 163.70% | 21.23% | 1.43% | 0.07% | 5.92% | 0.00% |
| Corteva | 0.79% | 37.49% | 48.32% | 1.84% | 0.04% | 20.48% | 0.00% |
| DuPont de Nemours | 1.39% | 90.33% | 48.61% | 1.46% | 0.03% | 6.30% | -0.07% |
| Prudential Financial | 5.00% | 69.34% | 13.75% | 1.35% | 0.10% | 5.39% | 9.13% |
| PPG Industries | 2.42% | 55.73% | 23.28% | 3.83% | 0.15% | 6.08% | 0.15% |
| Newmont | 2.19% | 34.20% | 15.64% | 1.75% | 0.11% | -7.03% | 16.09% |
| Nutrien | 4.31% | 157.09% | 36.61% | 1.01% | 0.03% | 4.18% | 0.00% |
| Vulcan Materials | 0.56% | 26.80% | 35.85% | 4.03% | 0.12% | 8.21% | 23.66% |
| Barrick Gold | 2.14% | 32.43% | 15.30% | 1.35% | 0.09% | 23.53% | 6.46% |
| Martin Marietta Materials | 0.48% | 9.47% | 14.79% | 3.12% | 0.22% | 8.24% | 6.70% |
| Franco-Nevada | 1.01% | -38.12% | -43.43% | 4.59% | -0.11% | 7.78% | 6.32% |
| Agnico Eagle Mines | 1.62% | 35.35% | 25.99% | 2.37% | 0.09% | 23.81% | 20.89% |
| Albemarle | 2.22% | -25.49% | -6.97% | 0.85% | -0.11% | 1.84% | 3.88% |
| Coterra Energy | 3.11% | 55.75% | 17.72% | 1.47% | 0.09% | 19.14% | 26.51% |
| Kellogg | 2.76% | 57.78% | 21.14% | 7.52% | 0.39% | 0.00% | 1.75% |
| Wheaton Precious Metals | 0.85% | 45.58% | 54.13% | 4.54% | 0.09% | 11.49% | 9.08% |
| CRH | 1.38% | 47.46% | 20.75% | 2.97% | 0.15% | 9.96% | 4.42% |
| International Flavors & Fragrances | 1.96% | 254.32% | 86.19% | 0.73% | 0.01% | -11.58% | -0.72% |
| Steel Dynamics | 1.49% | 18.39% | 12.20% | 2.10% | 0.17% | 13.90% | 14.87% |
| Westlake | 1.96% | 43.85% | 22.58% | 1.29% | 0.06% | 14.87% | 11.22% |
| ArcelorMittal | 1.62% | 29.35% | 17.60% | 0.48% | 0.03% | 11.83% | 0.00% |
| Reliance Steel & Aluminum | 1.48% | 28.53% | 18.37% | 2.23% | 0.12% | 14.87% | 12.13% |
| Avery Dennison | 2.00% | 39.37% | 20.07% | 6.10% | 0.31% | 8.83% | 9.92% |
| CF Industries | 2.59% | 29.89% | 10.97% | 1.76% | 0.21% | 10.76% | -8.76% |
| Amcor | 4.91% | 164.90% | 33.42% | 3.92% | 0.11% | -2.28% | 2.44% |
| Packaging of America | 2.35% | 58.14% | 24.61% | 4.45% | 0.19% | 9.61% | 12.07% |
| RPM International | 1.57% | 37.24% | 24.23% | 5.82% | 0.26% | 6.03% | 6.79% |
| Celanese | 3.85% | -20.17% | -3.98% | 1.17% | -0.23% | 3.13% | 11.65% |
| Owens Corning | 1.87% | 32.15% | 18.53% | 2.36% | 0.12% | 22.22% | 14.13% |
| International Paper | 3.67% | 115.44% | 31.42% | 2.14% | 0.07% | -1.67% | 2.47% |
| FMC | 5.75% | 85.24% | 14.81% | 1.12% | 0.08% | 7.18% | 14.48% |
| Crown | 0.86% | 28.07% | 24.30% | 3.74% | 0.17% | 0.00% | 0.00% |
| Advanced Drainage Systems | 0.56% | 10.30% | 19.04% | 5.76% | 0.33% | -14.41% | 31.53% |
| Eastman Chemical | 3.60% | 41.88% | 11.68% | 1.83% | 0.16% | 5.28% | 8.44% |
| WestRock | 0.59% | 164.43% | 72.00% | 1.36% | 0.02% | -19.86% | -7.87% |
| AptarGroup | 1.15% | 30.45% | 27.13% | 4.11% | 0.15% | 3.91% | 4.67% |
| Royal Gold | 1.07% | 31.70% | 30.37% | 3.23% | 0.11% | 8.58% | 6.53% |
| Olin | 3.36% | 86.74% | 25.44% | 1.34% | 0.05% | 0.00% | 0.00% |
| United States Steel | 0.53% | 0.00% | 22.00% | 0.52% | 0.03% | 0.00% | 0.00% |
| First Industrial Realty Trust | 2.59% | 66.54% | 25.98% | 2.75% | 0.11% | 9.98% | 13.68% |
| Simpson Manufacturing | 0.68% | 10.77% | 21.42% | 3.13% | 0.17% | -0.54% | 10.51% |